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OCII reports 1150 Third Street affordable development reached full occupancy

San Francisco Office of Community Investment and Infrastructure (OCII) Commission · November 17, 2020
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Summary

OCII staff reported that 1150 Third Street (Edwin M. Lee Apartments), a 119‑unit affordable rental project developed by Chinatown Community Development Center and Plowshare, reached 100% occupancy after completion in January 2020; staff outlined lottery and neighborhood‑preference outcomes and answered commissioners’ questions about the waitlist.

OCII staff told the commission on Nov. 17 that 1150 Third Street (Mission Bay South Block 3 East), a 119‑unit affordable multifamily rental development completed in January 2020 and named Edwin M. Lee Apartments, has achieved full occupancy.

Staff said developers Chinatown Community Development Center and Plowshare completed the project and that the unit mix includes one manager’s unit. OCII reported lottery results and noted 14 units were allocated under the neighborhood residence housing preference; staff said 29 percent of lottery units were awarded to Black households, a figure staff described as notable.

Vice Chair Rosales asked for clarification about applicants listed as COP holders who were not housed. Pam Sims, responding for staff, said that the list referenced is the waitlist for this building: when vacancies occur, holders at the top of that list will be asked whether they are comfortable moving into the property. Commissioners expressed appreciation for the report and staff availability for follow‑up questions.

Provenance: OCII informational memo and oral report on item 8a during the Nov. 17, 2020 commission meeting.